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20131202
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English 135
Search Results 0 to 49 of about 135 (some duplicates have been removed)
CSPAN
Dec 5, 2013 12:00am EST
objection, the subcommittee is adjourned. president obama on jobs and the economy and income inequality. in less than hour, the head of of mayor confederation teachers speaks with reporters at the christian science monitor. walden,esentative greg on to make haitians and technology. communications and technology. >> a several live events to tell you about tomorrow morning. treasury secretary jack lew will be at the future will trust to discuss the state of financial reform. also on c-span2, members of the house and energy commerce subcommittee on energy and power will hear from energy regulatory commissioners. span330 eastern a.m. on c- we cover a hearing on unemployment benefits that are set to expire at the end of the month. >> from age eight, betty ford, then betty [inaudible] put on skits and plays and that led to eddington, vermont where she studied at the school of dance. these are some of her notecards. no bookstworks -- where she kept cards. she carried this with her to vermont, back to grand rapids, off to new york where she studied with martha graham and work with the powers m
FOX Business
Dec 5, 2013 4:00pm EST
page headlines as we head into this hour. the economy grew at a much faster pace in the third quarter than previously estimated. commerce department said gdp surged at 3.3% annual rate. that is ahead of expecting of the 2.8% pace reported early. liz: there was surprise in weekly jobless claims data. number of people applying for first-time benefits unexpectedly dropped to 298,000 last week. david: atlanta fed president dennis lockhart said it is time for the federal reserve to think about tapering easy money policies. he did not indicate whether the fed would consider taper at its meeting later this month, that is about two weeks from now. liz: european president mario draghi says inflation will be below targets next two years. ecb is ready to boost the economy if necessary. holding interest rates steady. david: new york mayor-elect bill deblasio appointed former new york city police commissioner, william bratton. he served during the giuliani administration during the mid 1990s but he was fired. liz: ford unveiled the new version of eye coon nick mustang, it will go on sale at the 50
MSNBC
Dec 5, 2013 9:00am PST
the core of the economy today. that's what we did in the manufacturing sector the beginning of this economy and it really built the american middle class. it's what we need to do now. manufacturing jobs have gone away. it's fast-food jobs, retail jobs, service sector forming the core of the u.s. economy. those are the jobs we need to raise wages for. >> jack brings up an important point, seven out of ten growth occupyings through 2020 are low-wage jobs. this the american job market. the president has supported this, we have a lot of democrats who have come out and supported thchl i think it is much harder, actually, for conservatives to dismiss the minimum wage in the way they dismiss other parts of the social safety net. this is not an entitlement program. there's economic stimulus. i think this puts conservatives in a tough position. >> it does put republicans in a tough position. majority of republicans think this is a good idea. the president talked beauty this yesterday. he's been talking about this for as long as he's been in public life. how is it we get more hone into the hands of w
MSNBC
Dec 7, 2013 4:00am PST
. making sense of the new jobs numbers. has the economy turned the corner when it comes to the economy. >>> we'll hear from president bill clinton. >>> motor city master pieces. the latest on possibly selling artwork opened by detroit. could it pull the city it of bankruptcy, and should it? >>> good morning, everyone. welcome to "weekends with alex wit witt". president obama surging congress to extend benefits for 1.3 million workers. they are set to expire just three days after christmas. >> if congress refuses to act it won't just hurt families already struggling. it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans are focusing on obama care. >> families who work hard and play by the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans and let you keep the plan you like. these p
CSPAN
Dec 5, 2013 11:00pm EST
confidence to our economy, to the business community and to our people if we got a beginning. deal, but unfortunately that does not seem to be, at least at this point in time, in the discussion. i'm hopeful that the budget committee so i'm hopeful that the budget committee conference will revisit or at least come up with a product that has not been discussed which will accomplish the objective of putting this country on a fiscally sustainible path for the long term, >> coming up, treasury secretary jack lew on implementation of the dodd-frank regulations. and president obama at the white house hanukkah reception. later, the democratic steering expiring hearing on unemployment benefits. span, washington journal looks at the mission and role of the national institutes of health. starting live at 7:30 eastern with director francis collins on the medical research priorities. future projects and the impact of sequestration. at 8:00, allergy and infectious diseases director anthony fauci followed by derek green director of the national human genome research institute gave at 9:00, harold
CNBC
Dec 6, 2013 3:00pm EST
think it will be a little problem for the economy, unless they can prove that the economy has strengthened enough to handle it. i don't think it's there yet. >> we've had one small preview of this move and it was called this summer. we saw the ten-year move back up to 3%. we know it took some momentum out of the housing market. if i'm the fed and looking at what's happening with housing, with autos, is the evidence strong enough that that did enough damage that the same will happen again? >> i think they're worried about that. i think they're absolutely worried about that, which is why they're not -- why they're not going to taper. especially why not they're going to taper into the end of the year. right? there are two many other issues in front of them. as abigail said, the changing of the fed, debt ceiling in front of us. today there's that rumor we'll come to this budget agreement before washington goes on vacation in two weeks. if that happens, that just opens the way further, i think, for a little morally. >> you sound like you're taking some profits here, abigail. are yo
Al Jazeera America
Dec 6, 2013 10:00pm EST
in the economy a jump in construction and manufacturing jobs helped bring the unemployment rate down to 5%. the economy gained 200,000 new positions last month. >>> in mexico startling new developments about a cargo of stolen radioactive material. they havthey have arrested two . they are being treated for raid radiation poisoning. poisoning. ♪ ♪ >>> as the word continues to mourn the loss of nelson mandela, stories are emerging of how america was crucial in the fight against racial segregation. consider this what was america's role in helping break the power of apartheid ove overseas the secretary for african a affairs will join us. >>> new york's mayor elects one of the biggest supporters to head the nypd. >>> a new wave of violence hit bebengazi. >> what would it be like to live on a floating ship in the middle of the ocean. >>> welcome to "consider this". we begin with the celebration of the life and legacy of nelson mandemandela. a ten-day mourning period began in south africa where mandela ercheddeendended the wave of ap. >>> mamandela's fellow lauret sd the sun will rise tomor
Al Jazeera America
Dec 4, 2013 6:00pm EST
sure our economy works for every working american. >> and this session of congress is set to go down in history as the least productive. 911 audio tapes reveal calmness from police dispatchers on the day from the sandy hook elementary school shootings. >> the u.s. economy is growing but today president obama said the income gap between rich and poor americans is growing, too, and he's calling on washington to address the problem. >> a dangerous and growing inequality of upward mobility that jeopardy disease america's basic bargain, if you work hard you have a chance to get ahead. i believe this is the defining challenge of our time. making sure that our economy works for every working everyone. >> oonjonathan betz is here wita breakdown. >> the rich is getting richer and the poor is getting poorer, we hear it all the time, but what does it mean? last year's median income is $51,000 but that's down from the year before. and it's down if you adjust for inflation. almost all the money being made is going to the very rich. the income of the top 1% of the population grew by close to 51%.
CSPAN
Dec 4, 2013 10:00am EST
, subsequent roads, transit and water investments helped fuel our economy and tie the nation together. more recently, the failure to address long-term funding has also been bipartisan. the bush administration ignored strong recommendations from their own private sector experts that they impaneled to give advice. although the obama administration did request and employ some modest funding in the recovery act and has proposed an infrastructure bank and talked extensively and i think sincerely about the need for investment, what has been lacking has been a specific concrete proposal from either party to address infrastructure financing in america. while the political maneuvering has secured here in washington, the gap in the highway trust fund has been growing and conditions of our roads, bridges and transit systems have been deteriorating. this puts america at a competitive disadvantage, complicates the movement of goods and people and contributes to congestion and pollution. at the same time, the needs grow, the resources are in significant decline. the gas tax has not been increased since t
Al Jazeera America
Dec 4, 2013 4:00pm EST
and calm. >> hard to react when you're panicked. calm make sense. randall. thank you. the u.s. economy is growing, but so is the income gap between rich and poor americans. president obama addressed the problem. >> the lack of upward mobility that has jeopardized middle class america's if you work hard you can get ahead. this is defining of our time. making sure that our economy works for every working american. >> the president did not propose any initiatives during his speech. but he said a rapidly growing of deficit opportunity is a bigger threat than the fiscal. we'll go to danny, professor of economics, great to have you back. >> thank you. >> a pleasure, you heard just a moment ago, america's dangerously growing income is defining the challenge of our time. is the president correct, or is he, as some would say, overstating the income inequality and wealth gap argument with that kind of a statement? >> no, if anything there is an understatement. he's absolutely correct saying that it is a defining problem. and this problem has just--it has been exacerbated by global pressures. it
FOX Business
Dec 2, 2013 7:00pm EST
to tell us what it means for the to be american economy and the global economy as well. we are coming right back. the obama administration touting dramatic improvements out of healthcare.gov, and that is not what we are finding. we will be talking with the former director, tom scully, on what is really going on with obamacare. as a business owner, i'm constaly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i t 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me th unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital o. chse 2% cash back or double miles on every purchas every d. what's in your wallet? i need your timesheets, larry! lou: our first guest is here to serve at least partly as a tutor for you will end me. he says that obamacare is the biggest middle-class entitlement ever conceived and he says beyond the flawed website, we need to stay focused on the fact that health care law spends too much on the
CSPAN
Dec 6, 2013 10:00am EST
and keep him in peace. >> the labor department released the november jobs numbers showing the economy added 200- 3000 jobs last month and dropping the unemployment rate year 7.3% to 70%, a five- low. the economy has generated just over 200,000 jobs from august to november, up from 159,000 per month between april and electorate -- and electorate reaction coming from capitol hill. house speaker john beat -- house speaker john boehner release a statement -- today's report includes positive sign that mored discourage calls for emergency government stimulus third and said, what our economy needs is more progrowth solutions that get government out of the way. we will bring you live remarks from kentucky senator rand paul speaking at the detroit economic club at 12:35 eastern right here on c-span feared also life during the 12:00 our on c-span2, discussion on hospital admission policies for medicare patients and how that impacts out-of- pocket expenses at 12:15 eastern. also at 12:15 on c-span3, for presidentialan candidate john huntsman and evan bayh will speak about politics. they are cochairs o
CSPAN
Dec 7, 2013 9:00pm EST
of democracy and a propeller of our economy. most importantly, we must really make sure that we figure out how to enable all kids to have the opportunity to not only dream big, but achieve them. >> thank you. let me ask you one or two and then we will go to kimberly to start. let me ask you about the common core standards. you said, you think that obamacare is bad and the implementation of the common core is far worse. who is to blame and anyone stepping up to fix this? >> i am not a big believer in this. i am a union leader and i could easily say, this one, this one, this one. if we are not rolling up our sleeves and actually engaging, then we are in the same debate over who cares about kids. i care about kids, no, i care about kids. that is a debate we are having. let me just say, this is what i think is happened. we do education policy by precedent. i think the governor and the state she's right about saying, let's figure out a set of standards that are aligned to what kids need to know about the global economy. they move pretty fast about it. we were engaged with them and brought a lot of
CNBC
Dec 9, 2013 6:00am EST
of taper. it gives them comfort that the economy is doing well. i think friday's job report and some other items recently, i think investors are getting comfortable if it does happen in december. >> if it does happen, they say the fed is more likely to wait and happen next year. what is the fed going to be looking at at this point? you see a stronger jobs number. it's tough for a hawk to say that the feds have a definitive breakout pattern. >> that's right. our economists are saying the fed is probably interested in trying to begin the taper process. i think january is a better date. i think that will help. if we can see spending, we'll see how that will be a factor. >> you said at the end of november that december is likely to be a pretty strong month for the market. last week was a down week. what do you think the month will bring at this point? >> i think investors will want to finish the year strong. i think they're optimistic about 2014. there's still a bit of performance chasing taking place. then our position data we track, hedge fund and mutual fund data and broader macro fund posi
CSPAN
Dec 8, 2013 1:00am EST
in education, investments in infrastructure, and trying to figure out an economy that works for all i think is important. take tomorrow, fast food workers. 100 places where the fast food workers are going to be staging strikes. and who are the fast food workers now? it is no longer 18-year-old, 19- year-old, 20-year-old kid trying to get into college, or in college and doing this is a job. when you go to mcdonald's, when you go to walmart, you are seeing people in their 60s and 70s. this is wrong. and so i think there is a sense we will see. so, but, in terms of my belly wake, public education, on december 9 there will be over 60 events, 60 cities, counties, towns, and more coming every day, of parents, community groups, clergy, are union foundations talking about how to do bottom up reform, solution reform, community-based reform that actually helps kids be more successful than schools. so we are seeing this community work and this bottom-up organizing in public education, as well as in economic issues. job issues. >> mr. sellwood. >> you mentioned that we should not have a race to the bot
Al Jazeera America
Dec 2, 2013 7:00pm EST
consumers and the economy. plus a look at the health of the obama care exchange after two months, and why some states want to blaze their own trail. >>> and a blast of the 401k returns. the latest controversy. i'm david shuster, and this is real money. ♪ >> this is "real money," and you are the most important part of the show. so join our live conversation for the next half hour on twitter @aj real money. black friday has come and gone, but cyber monday is upon us. today is the day that men many americans take advantage of shopping dials online. sales dropped 3% from last year so a lot of economists are counting on the online surge to soften what normally would be considered an abysmal weekend. in terms of shear volume the shottener is not helpful. an estimated 59 million americans did some christmas holiday shopping online over the weekend averaging purchases $178 each. that is up from last month's figures. now a projected jump in cyber monday sales of 18.7% compared to last year. but most americans do the majority of their holiday shopping the old fashion way by cramming into malls, d
FOX Business
Dec 2, 2013 10:00pm EST
for the to be american economy and the global onomy as well. we are coming right back. the obama administration touting dramatic improvements out of healthcare.gov, and that is not what we are finding. we will be talking with the former director, tom scully, on what is really going on withtÑ lou: our first guest is here to serve at least partly as a tutor for you will end me. he says that obamacare is the biggest middle-class entitlement ever conceived and he says beyond the flawed website, we need to stay focused on the fact that health care law spends too much on the wrong people. joining us tonight is tom scully. he is the former leader for medicare and medicaid services during the bush administration and also a health policy staffer in the bush xli white house. in a new york privatee equity firmexpert on health care. we are hearing great skepicism our own reporters and correspondent, peter ducey, getting error messages when he logs on and it looks to be a bit of a mess. what do you think? >> i'm sure 's getting better, i think it's a lot better from a consumer point of view from what i can tell. i
FOX News
Dec 4, 2013 8:00am PST
"happening now" ♪ ♪ jon: good morning on this wednesday. the president giving a speech on the economy today to talk of obamacare again. all part of a three-week pr blitz to convince americans to sign up and soon. hello, i am jon scott. jenna: i am jenna lee. the presidents common coming on the heels of the enrollment website 631 the website is trying to put the botched rollout behind it. getting that millions of enrollees getting the health care law work. the deadline to sign up for coverage next year is december 23. let's talk about with karl rove, a senior adviser and deputy chief of staff to president george bush. he is also a fox news contributor. that was part of her job when you are there to get the message out and get the programs in the public eye. can the president resell a program that has had such a difficult time? >> they had an enormously bad first impression and it is hard to convince people that this program isn't fundamentally flawed. there's a lot more bad news than there is good news. millions have lost their private insurance coverage and they are finding that when they g
FOX News
Dec 5, 2013 8:00am PST
, and that's hurting the economy, as well as the military authorization bill, the defense authorization bill that allows the military to get paid next year. these things have to get done fast, it is going to be very tough including avoiding a shutdown. jenna: sometimes you're known for procrastination, maybe a tougher deadline can help everyone -- i'm just going to be optimistic. >> nice place to start. [laughter] jenna: carl, thank you. jon: when americans hear the work schedule, no wonder congress has such a low approval rating. let's go to the extreme weather alert, a nasty winter storm causing big, big problems. after being pummeled with heavy snow and freezing winds, areas are digging in for a burst of very cold temperatures. the storm is on the move now and spelling icy trouble across the south. meteorologist maria molina is here with what we can expect today. maria? >> reporter: hi, jon, good to see you, and hello, jenna. we've been looking at some very cold current wind chill temperatures with some areas looking at a current wind chill at about threes below -- 40 degrees below zero a
CNBC
Dec 6, 2013 1:00pm EST
, is the economy stronger than free money from the fed? and number three, can interest rates and stocks both rise together? jim and jeff are in chicago. okay. guys nice to see you first of all. >> hey, sue. >> is good news finally really good news? jim you first. >> yes, it is. unfortunately yesterday, i hadn't arrived at this conclusion but i've been convinced today it piz. good news is good news because the market realizes that we're washing liquidity probably at a point where more than we should be based on the economic condition but the fed is hamstrung and going to be difficult for them to walk back. the fed knows since the fed's hands are tied let's celebrate while we can. good news, as long as it doesn't get too hot, i hate to say goldie lock's people said before me, not too hot. >> all right. moderation in all things. what do you think, jeff? >> sue, certainly adding jobs to the u.s. economy is good news, but i'm going to disagree slightly to my friend mr. your rio here. we saw that underscored on the nonfarm payrolls, we saw it go to 293 and the pits all of a sudden started selling and t
CSPAN
Dec 7, 2013 11:00pm EST
able to improve reforms. instruments tous have a very strong economy and especially, very good social results. the facts are there. the economy is growing almost at an average of 5.0%. we have been creating jobs for 14 months in a row. we had a performance of 40 months, month after month, the unemployment rate was going down. we can say that very proudly colombia has created more jobs than any other country in latin america, including brazil. this is something which i think is very important. the jobs that we have been creating for the first time our formal jobs instead of informal jobs. we have put in place specific and focused public policies and ,aken action to fight poverty extreme poverty. peru,sides through -- which has been the country that has performed better in this are theafter peru we best performer in the whole region in terms of decreasing poverty. and also against extreme poverty we have put in place specific actions and we have been able to take on extreme poverty more than one million -- for more than one million colombians. one of the big problems that we bottlenecks
CNBC
Dec 9, 2013 9:00am EST
the transition to a new economy, where the federal reserve is not playing that much of a role, can happen. that's what bernanke told us what could happen. it would be amazing as a swan song if it does happen >>> speaking of the fed, front page of the business sentence, the first sentence of ben apple balm's fed piece. federal reserve officials are in no hurry to retreat. >> we're in a weird moment here. when i looked at the pan aklee of knees, not a lot of bad. not a lot of land mines. >> we had this conversation and promptly went down for a few days. >> true but the difference might be that the news flow is very positive this morning. it is indicative of the year. sisco buys a company, u.s. air. no one is thinking they will do that. here is a stock that's been stuck at 33. >> the other one is stuck, period. >> then, we have gilead and this is like apple with china mobile. this is the moment in time that people think, that's new. they create reasons to buy stocks. i was on the phone with somebody who was very big in p.c.s. this has really accelerated. >> p.c.s? >> yes. that's the reasoning behi
CNN
Dec 7, 2013 8:00am PST
close friday, they ended what was a pretty big week for the u.s. economy. stocks high, unemployment low, and the economy growing better than anyone expected. zane asher is in new york with what it means and how it all happened. >> reporter: fredricka, it was a big week for the economy. car sales rose, new-home sales roared and the unemployment rate dropped to 7%, the lowest since 2008. and it fell for positive reasons, because people are finding work. earlier this year, the unemployment rate declined because a lot of people got discouraged, gave up looking for work and weren't counted, but the opposite seems to be happening. it's added more jobs since 2005 and the gains are not in low-wage sectors. a lot of hiring in health care, transportation, professional services like accountants and travel agents. wages are also up and americans are working more hours. the list goes on. the report pushed the dow up nearly 200 points friday. wall street is thinking the federal reserve will reduce the stimulus program soon. certainly a sign the economy is ready to stand on its own two feet. but remem
Al Jazeera America
Dec 9, 2013 6:00am EST
are furious about the failure to sign a trade deal with eu and turn to moscow to save the economy. >> translator: i want a new government that listens to the people and doesn't treat us like animals. >> translator: we are here to fight for our rights and our kids are brought up in a good country without corruption and where everything is fair. >> reporter: the crisis here is reaching a crucial moment and he believes he can survive with moscow's help but they are ready for a long fight to achieve aims and i'm tim friend with al jazeera. >> leaders lack constitutional power to oust the government before the presidential election in 2015. a riot breaks out in singapore's little india district after an india national was struck and killed by a bus. crowds attached police and set cars on fire and dozens were injured and 27 people were arrested. it was singapore's first major riot in four decades. and the president of venezuela won half of the elections on sunday and held control in the oil city and the capitol caracas and inflation is 54% and power outages and shortages of necessiti
SFGTV2
Dec 2, 2013 6:00am PST
areas. man: we have to have water supply for health purposes, for fire protection, and the economy. without it, things simply can't exist. woman: we have good health in this country, in part, because we have clean water. and we shouldn't forget that, and we shouldn't take it for granted. melosi: in the late 19th century, serious waterborne disease epidemics were having devastating effects. roy: but then, in the early 1900s, we began to treat our water. and since then, we've seen a rapid decline in the incidence of waterborne disease. narrator: most cities treat drinking water through filtration, chlorination, and sometimes ozonation to kill pathogens in the source supply. these are complex treatment plants that cost millions of dollars to operate, but are necessary for our wellbeing. the treatment of drinking water has been called one of the greatest public health achievements of the last century. the water infrastructure itself protects the treated water until it comes out of our taps. it's been since 1911, since we had an outbreak of cholera or typhoid in the united states. but t
CSPAN
Dec 6, 2013 6:00am EST
't create a pro-growth, pro-middle-class economy. and no less than the new pope has now started speaking out about this. when our country had a burgeoning middle class, it's because we had a shared prosperity. now what we're seeing is the opposite. >> can you tell us roughly how many members you have in detroit and how many have been illinois? >> i could if i -- i'm going to give you a paris-roubaix just. in detroit, we have come in detroit itself we have about three, 4000 members. in michigan we have about 15,000 -- i think about 15,000 members. and in illinois we have said probably somewhere around 40,000 members, maybe 50,000 members. [inaudible] >> 19,000 is the average retirement that somebody gets. and in wisconsin, the average retirement that a public employee gets around the country is about 24, $26,000 to the other thing, think about it, every time a retiree, every time someone spends a dollar of the pension, it creates about $2 change, i think $2.37 in economic output in making the. are we going have a pro-growth, pro-investment, pro-middle-class economy? are we going to keep havin
FOX Business
Dec 5, 2013 1:00pm EST
more positive news on the economy, lower on the statement that the fed will real in the stimulus. nicole petallides on the floor of the stock exchange on track for a fifth day of declines. nicole: we come off of the lurch and worth noting technology stocks, and attack have been nasdaq moved into the green moments ago for the nasdaq. up four points at 2,049. the s&p and the dow have down arrows. 15,823, and the loss is just 24 points. keeping an eye on the fear index, some strength in retailers, and what the fed will be doing. j.c. penney under pressure again, topsails coming in for j.c. penney and the lot of analysts say those 6 months are they're looking at markets, whether or not they believe some funding for next year. cheryl: thank you. huawei adam: the world's largest carrier may be carrying the iphone according to the wall street journal's china mobile, will likely author the phone later this month so what does this mean for companies? with more details and to break it down. >> to give some perspective, seven hundred million subscribers, the number of users of verizon in th
Al Jazeera America
Dec 6, 2013 6:00pm EST
that must mean that the economy is getting stronger and the federal reserve will stop putting $85 billion in the economy, interest can go up and investors tend to sell stock. there is good news, the stock market goes up. this morning at 8:30 a.m. i'm watching these unemployment numbers. they were better than i thought they were going to be and the only thing i was certain of was that the stock market is going down and it closes up 200 oh points. it's a good thing that i'm m not worth my money today.ause >> there you go, boy are you worth your money on a dale lay basis. what the quality of jobs. >> we wanted the numbers. we want them above 125,000. we've been getting 159,000 per month. for the last two months we've been averaging 200,000 job created. once you have the raw numbers you to say what kind of jobs are these? if you are getting jobs that pay $.7 an hour, then people will need two of them. those positions paid as much as $26 an hour. that's the good news. better quality. but about 20% of the jobs came in the relatively low-wage sectors like retail, leisure and hospitality. we're s
MSNBC
Dec 7, 2013 9:00am PST
struggling, it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans meantime remain focused on obama care. north carolina congress woman renee elmhurst delivered the gop's response earlier today. >> families who work hard and by play the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans and let you keep the plan you like. these proposals are among the dozens of house passed jobs bills awaiting action in the democratic-run senate. >> meanwhile, good news on the latest jobs report to share. 203,000 of them created in november, just 1,000 shy of the number of jobs created in october. unemployment fell by.3 down to 7%, the lowest in five years. kristen welker is at the white house for us. kristin, i'm curious how the white house is interpreting these numbers. all good? >> well, look, th
FOX Business
Dec 4, 2013 9:20am EST
♪ >> unions take a hit. opec in disarray. wal-mart has a very good day and the economy slowing down or speeding up, which is it? good morning, everyone, there's a lot to deal with so here we go. detroit's unionized pensioners will see their benefits cut. watch out other american cities. frack, and floods the world with oil, and opec is split. what's a cartel to do? an on-line shopping binge rolls on. wal-mart had its best day ever. and stocks will open lower again? yeah, a big day. "varney & company" is about to begin. hi honey, did you get e toaster cozy? yep. got all the cozies. [ grandma ] th n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] fedex one rate. every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. i
MSNBC
Dec 5, 2013 8:00am PST
from taxpayers to get by. we heard the president speak about the economy. i just want to remind everybody what he had to say. take a look. >> we know there are airport workers and fast food workers and nurse assistants and retail sales people who work their tails off, and are still living at or barely above poverty, and that's why it's well past the time to raise a minimum wage that in real terms right now is below where it was when harry truman was in office. >> so, paul, if we look at certain states, california, new jersey, new york, they've raised minimum wage requirements, but on a national level, how effective are demonstrations like what we'll see today to help elevate the conversation to where it needs to be? >> i've been following involved with wage campaigns for more than 20 years. i've never seen this level of national focus and momentum, and in particular, states are already starting to act and they're pushing for much more significant increases in the minimum wage that bring it much closer to the historic level. the president and congress have called for $10 an hour.
Bloomberg
Dec 6, 2013 5:00pm EST
constitutionalism, and the rule of law, open market economies, diversity, and non-racialism. >> i am extremely sad. it is tragic news. just remind it what an extraordinary and inspiring man nelson mandela was. my thoughts are with him and his family. >> i want to introduce you now to an ambassador who has dealt with nelson mandela in the past, the first woman u.s. ambassador to south africa, and the senior director for african affairs at the national security council, currently a distinct professor at carnegie mellon university and also the director of the carnegie center for international policy and innovation. ambassador, thank you so much for joining us. tell us about meeting nelson mandela in person and what it was like. >> i first met nelson mandela in 2001 at the white house in the oval office when he came to meet with president george walker bush. i was, of course, like everybody else in the white house, all inspired.-- awe- he was frail at the time, but he was a very straight up guy, very tall, a magnificent presence. and even though president bush, for instance, help him walk out to the r
Al Jazeera America
Dec 7, 2013 6:00am EST
rate fell to a 5-year low and is at 7%. the economy gained more jobs than expected adding 2003 positions. they were low spread in high and low positions. mike viqueira has more from the white house. >> new unemployment figures are good from the white house. they've been waiting for this. whether or not 7% matters economicallily or to any people for millions out of work, and those who have given up looking for work, from a political standpoint it's good news for the obama generation. with unemployment insurance set to expire, the white house is stuck in an ironic situation. they are arguing for an extension. if growth is improved, it was announced thursday and friday down to 7% unemployment, the lowest in five years. the administration says that unemployment insurance has got to be extended. white house spokesman jay carney made the case on friday afternoon. >> the news we have today eenforces that we need to address the problem and extend unemployment insurance benefits to those individuals. this is a persistent problem. it would be terrible to do that to more than a million fa
MSNBC
Dec 9, 2013 3:00am PST
'll be right back. as your life changes, fidelity is there for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ >>> okay. live look at capitol hill as the sun has yet to come up. here with us director of the earth institute, economist jeffrey sachs. we have sacks and rattner. >> heck of a "new york times" article, obviously the sort of things you've been talking about for so long. >> everyone is talking about them now. you know, we went for so long without discussing these realities now. everyone is opening their eyes. an
CNBC
Dec 2, 2013 9:00am EST
276. that's been a pretty significant change. >> a big move but at the same time economy a little bit better. >> unless you count jobs numbers, right? which we'll get another look on friday. >> you want to go against the autos? >> i think gm will have great numbers. there's momentum that's difficult. david, you made the best point. do i want to sell anything other than the losers? five stocks in the dow up less than 10% and clunkers. okay in maybe you want to sell a clunker, caterpillar. a clunker, ibm. otherwise, why take the gain issue? >> i talked to a couple of guys who believe we will have a technical melt-up in the winners for this very reason. >> why would you sell them? you'll buy more or conceivably because nobody has a reason to sell them. we look at the supply. i look at the quarters to me the most important thing is not the revenue growth, not the earnings growth but the shrinkage. companies bought their own stock hand over fist and not a lot of stock for sale. i think it's major. >> looking for clues as to how business news, working into the overall american psyche, check
FOX News
Dec 6, 2013 5:00pm PST
and federal government helping the economy? we'll have no-spin analysis of the president's statement. ♪ >>> 'tis the season to be jolly, but not for some atheists. a huge billboard in new york city's times square attacking americans who believe, but why? >> sit down and shut up, you idiot, and let me answer the question, and if you don't like it, stop acting like an idiot. >> and "gq" magazine with christie. >> we are a family, so we're going to deal with this as a family. >>> caution, you are about to enter the no-spin zone. "the factor" begins right now. >>> hi. i'm bill o'reilly! thanks for watching us tonight. is the federal government hurting or helping working americans? that is the subject of this evening's talking points memo. even though there was good economic news today, which lou dobbs will analyze shortly, the key indicator of economic strength in america, wages, remains flat. this year, the average hourly wage in this country has increased by just 2%. many economists believe because there aae not enough jobs, workers have to take less pay. seems to make sense. preside
MSNBC
Dec 9, 2013 8:00am PST
the economy is still weak and i think we can accomplish that the next couple of days. >> congressman chris van hollen says he puts the chances of a deal at 50-50 and that any cuts to federal employees' pensions would be a deal breaker, at least for him. >> you cannot be asking federal employees to bear the share of the burden that they're asking for here as part of an agreement when you're not asking, for example, agribusinesses that get huge taxpayer subsidies to have a contribution. >> of course he has a slew of federal employees in his district. joining me now dnc congresswoman debbie wasserman schultz of florida. thanks for being here. now, the "washington post" quotes the head of a bipartisan think tank that this could be declared a victory is an indicator of how low the process has sunk. they haven't really done anything except avoid another crisis. and so i guess for me is are we just doing another version of kicking the can down the road or is there some sort of potential detente between the two parties when it comes to the budget? >> it doesn't appear there's going to be some sort of
CNN
Dec 4, 2013 6:00am PST
sales promotions. christine romans is here with the good news. >> automakers saw the economy is getting better and they think it will keep getting better next year and that is great for auto sales. when you look at car sales, it really gives you a clue into the minds of the consumer. you don't just spend $38,000 on something casually. you need access to credit, confidence about your job, a ro reason to do it. very good numbers for november. 14% year over year increase for gm, that's great. ford, up 7%. chrysler, up 16%. and it wasn't just the incentives. there were good incentives. about $2500 on average was the incentive to get out there and buy a car. big advertising for black friday. a lot of people went to the showrooms, that helped. but this is really a recovering economy story. and pent up demand story. and you're hearing it from the automakers who are looking at the a good 2014, as well. their stocks reflecting it, too. >> absolutely. so the auto bailout was a good idea? we all remember back in 2008 when mitt romney said let detroit go bankrupt and there was a big partisan fight.
FOX Business
Dec 2, 2013 11:00am EST
? >> it may be overdone. the fundamentals in the economy justify the equity and well. it is hard to correlate with the sluggish growth we continue to see. outside of that the asset purchases by the fed and aggressive monetary policy we have seen serves the purpose of inflating risk premiums and essentially causing them to tighten places they wouldn't otherwise be. i don't think that is just an equity or fixed income issue. all sectors will be affected if that begins to unwind. connell: one of the big stories no doubt it's going to be one type of federal reserve will generate yellen oversee and willie federal reserve as to this risk or take away from it. what is your view? >> from a market perspective it is all about expectations, and the expectations are already in the price of fed is going to taper. we think the fed essentially already tapered this summer, so if you look back to announcements when the fed announced aggressive asset purchases, interest rates began to rise after that announcement. we would not be surprised to see riverreverse happen as the fed announces tapering of quantitativ
FOX Business
Dec 4, 2013 1:00pm EST
understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. adam: yes, another icon of magazines has gotten back just as vennable name you thought had died is mounting a comeback in print. like horse buggies. horse whips. dennis kneale with all the news fit to print. dennis? >> "newsweek" back from the dead. venerable "newsweek" went out of print late last year. clinging to the online existence in the belly of "the daily beast". the beast is knew a small buyer. "newsweek" says run the presses it will be a print version next year, a shadow of a it former self, 64 pages. gets more money from subscribers than advertisers. with startling circulation of only 100,000. that is basically a small local newspaper for once venerated national magazine that peeked at 3 in.3 million subs in 1991. -- 3.3 million subs. iconic "new york" magazine, i
FOX Business
Dec 9, 2013 1:00pm EST
to unfold? >> the uncertainty is the plague on the economy. the fact businesses cannot plan health care or tax policy, i don't know their obligations, standing in the way of the progress of recovery by thwarting business at every turn. the economy may be turning around. it is not going to be where it should be, they refused to take the lead and help businesses. they are together, it is a shared responsibility and went businesses do their job and congress is not doing theirs, they had to start reading up on capitol hill with the hous housd senate and the protected. adam: oil is holding steady in today's trade, so the prices come too far, too fast? let's turn to phil flynn in the trading pits of the cme. explain, what happened. >> i don't know if it is so much wti came up too much, too fast, or the fact everybody was unwinding. the main feature was to buy brand, that with the trade going to the end of the year. now with supplies the u.s. at the highest level since the 1930s, production coming on and reversal of the keystone pipeline from pushing down is going to bring the spread back in.
MSNBC
Dec 2, 2013 3:00am PST
in one of the southeast asia's largest economies. demonstrators are looking to topple the government and the current prime minister after accusations of corruption and abuse of power. the u.n. has closed its offices in bangkok warning foreign travellers to stay out of the streets. >> afghanistan president karzai is accusing the u.s. of holding back fuel and other supplies. he said they are holding back supplies in an attempt to pressure for him to sign the agreement. >> from the "los angeles times" officials say speed may have been a factor in the crash that killed actor paul walker and his friend over the weekend. according to police the "fast and furious" star left a charity event. witnesses at the event said they heard a loud boom and saw smoke. walker was in the middle of gaming "fast and furious 7." walker leaves behind a 15-year-old daughter. he was 40 years old. >> really. isn't that bizarre? came from a charity event and he gets in one of the cars and the guy drives off with him -- >> he was the passenger in the car. >> passenger in the car and runs into a pole and blows up.
CNBC
Dec 2, 2013 6:00am EST
, that economy is contracting and better pmis out of the u.k. the u.k. economy firing on all front at the moment. back to you. >> ross, thank you very much. again, ross westgate, we'll check in with you tomorrow. >>> retail, another holiday kickoff, it's come and gone. how did the retailers do. joining us is dana telsey. the reports that i've seen suggest this wasn't really a build. sales were actually down over the weekend. it makes you wonder if opening earlier on thursday is worth it for all of the big retail companies? >> it definitely seemed as if sales on thursday pulled from friday. even a little bit from over the weeken weekend. overall when speaking to retailers, low single digits is where the game was. >> so what does this mean? was this a mistake for them to open early like this? was this simply an issue that the retailers started talking about the holiday sales as early as november 1st i think in walmart's case? what happened here? >> i think that you basically had the promotions and all the advertising for it starting way before this thursday or friday of thanksgiving and black frid
CSPAN
Dec 4, 2013 9:00pm EST
of shared investment in education, investments in infrastructure, and trying to figure out an economy that works for all i think is important. take tomorrow, fast food workers. 100 places where fast food workers are going to be staging strikes. and who are the fast food workers now? is no longer 18-, 19-, 20- year-old kid trying to get into college, or in college and doing this is a job. when you go to mcdonald's, when you go to walmart, you are seeing people in their 60s and 70s. this is wrong. and so i think there is a sense -- we will see. so, but, in terms of my belly wake, public education, on december 9 there will be over 60 events, 60 cities, counties, towns, and more coming every day, of parents, community groups, clergy, are union how toions talking about do bottom up reform, solution reform, community-based reform that actually helps kids be more successful than schools. so we are seeing this community work and this bottom-up organizing in public education, as well as in economic issues. job issues. >> mr. sellwood. >> you mentioned that we should not have a race to the bott
CNN
Dec 4, 2013 1:00pm PST
. [ male announcer ] fedex one rate. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. i dbefore i dosearch any projects on my home. i love my contractor, and i am so thankful to angie's list for bringing us together. find out why more than two million members count on angie's list. angie's list -- reviews you can trust. a man who doesn't stand still. but jim has afib, atrial fibrillation -- an irregular heartbeat, not caused by a heart valve problem. that puts jim at a greater risk of stroke. for years, jim's medicine tied him to a monthly trip to the clinic to get his blood tested. but now, with once-a-day xarelto®, jim's on the move. jim's doctor recommended xarelto®. like warfarin, xarelto® is proven effective to reduce afib-related stroke risk. but xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem. that doesn't require routine blood monitoring. so jim's not tied to that monitoring routine. [ gps ] proceed to the designated route. no
Al Jazeera America
Dec 4, 2013 11:00pm EST
will go to your blog. >>> the struggling economy has some communities thinking of breaking away. a wealthy community in baton rouge is thinking of breaking away. it's been tried in new york, los angeles, indiana. >> jeffrey lee doesn't miss a moment with his grandchildren. although they are not in school he knows education is the key to life. >> i want them to go to school. >> it's a challenge in a city where 60% of public schoolchildren are not learning at grade level. >> it's one of the worst school systems in the state. how many generations of children do you disserve before you say, "let's try something different." lionel rainey is pushing for a different plan for better schools. by breaking away from baton rouge, and starting a new city. the city of st george would encompass an unincorporated area home to a fifth of the residents, it would control and run schools with its own tax residence. >> it's not about starting a city, it's about education. >> it's about 100% total about education. we came into this saying we want to take accountability for the schools in our area >> critics say
FOX News
Dec 2, 2013 2:00pm PST
. >> or economic numbers which they could get some better ones this week possibly. >> they said the economy's supposed to grow, according to baron's. it was supposed to grow 1.7% -- >> or find another bin laden. >> this might change everything this is david fluff, is that his name, david fluff? >> close enough. >> on this week talking about when we expect obama care to work. i think this is a bright part of the rainbow, whatever that means. >> may take until 2017 when this president leaves office. you're going to see almost every state in this country running their exchanges and expanding medicaid. i think it will work really well then. >> there you go, 2017. that's right around the corner, kids. >> it's going to be awesome when he's out of office, that's what he's saying. >> if we just believe in the greater good, this will work out. >> just remember, it took medicare a good six or seven years before it got settled down to work. >> now it works. >> don't you think it does? >> no. >> you want to privatize it, don't you? >> i would like to. >> that's not what paul ryan says. >> let's not min
FOX News
Dec 3, 2013 1:00am PST
, or were. >> or good economic numbers. >> they said the economy was supposed to grow according to barron's, supposed to grow 1.7% -- or 2.7%. >> or find another bin laden. >> david fluff talking about when obama was to find a bright part of the rainbow, whatever that means. >> you'll see almost every state in this country running their own exchanges. i think it will work really good then. >> there you go, 2017. >> right around the corner. >> right around the corner, kids. >> i thought they said it was working now? >> i love it. >> it's going to be awesome when he's out of office is what he's saying. >> if we stick with it. if we believe in the great good, this will work out. >> it took medicare six or seven years to get settled down to work. >> it works? >> of course it does. you don't think it does? >> no. >> you would like to privatize it. you and paul ryan. >> that's not what paul ryan says. >> that's not minimize what it is. i say let people keep more taxes and fund a program that isn't working and rife with fraud and -- >> $200 billion in vouchers -- >> what's wrong with re-examinin
FOX News
Dec 6, 2013 12:00pm PST
these numbers are proof the economy is getting better. critics warn low unemployment means the federal government may cut back on economic stimulus which could force the stock market to take a hit. chris wallace is live on capitol hill, celebrating a milestone. chris has been doing "fox knossos" for ten years. hart to believe. we have been stuck with you for ten years. >> i hope it's not stuck. we're going to have a little piece at the end of the show on sunday, taking a look bat at the highlights and lowlights of the last ten years. i'm sure you feel this, shep, with your show. just amazing over the course of a decade who you get to talk to, where you get to go. the adventures you go on, and i'm so grateful to have had the opportunity. >> tell me the lowlights. >> you probably know most of those as well. you'll see them. the good, the bad, and some surprises along the way. >> what do you make of this business on current topics? >> well, you mean in terms of the unemployment rate? >> yes. >> you're exactly right. it's great news. 7%. 203,000 jobs created. the latest upgraded numbers fo
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